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FOR IMMEDIATE RELEASE
May 9, 2003 |
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Manulife Wood Logan gets “Back to Basics” with Financial Advisors during 100-City Roadshow American Funds Added To Venture® Annuity, Manulife College Savings
Stamford – Back to basics means back to business, according to Manulife Wood Logan, a division of Manulife USA that provides sales and marketing support for Manulife USA’s Individual Wealth Management product lines – annuities, 529 college savings, and managed accounts. Launching this month, Back to Basics, a 100-city Continuing Education roadshow will educate advisors on bringing their clients back to investing fundamentals as well as introduce a new relationship with American Funds.
“Challenging market conditions have made many investors tentative about the market,” said Robert T. Cassato, President of Manulife Wood Logan. “This seminar empowers advisors with a strong message for their clients to stick with investing fundamentals or if they have veered off course, to return to proven strategies.”
This seminar will focus on five key areas:
- Demonstrating the historical significance of basic asset allocation;
- Addressing clients’ critical, basic concerns about risk;
- Showing how simplified estate planning techniques may help clients to transfer more of their assets to their beneficiaries;
- Discussing the fundamentals and benefits of 529 plans; and
- Helping small business clients save more for retirement with an Individual(k)/solo 401(k) product.
Advisors will earn one to two hours of continuing education credit. The roadshow begins in Virginia on May 2nd and will continue through July 3rd.
Manulife Adds American Funds To Investment Platform
In addition to the seminar, Manulife Wood Logan will be discussing the recent addition of the American Funds Insurance Series to both the Venture Annuity and Manulife College Savings product lines. “Manulife Wood Logan is proud of the addition of American Funds to our best-of-class investment platform,” said Mr. Cassato. “American Funds and the other enhancements recently made to our investment lineup broaden the appeal of our already comprehensive investment platform.”
About Manulife
The Manufacturers Life Insurance Company (U.S.A.) (Manulife USA) is committed to offering the highest quality life insurance, pension, and individual wealth management products to its clients. Its family of products has been built around a powerful combination of investment options chosen with the goal of providing attractive risk-adjusted returns and broad diversification across asset classes, investment styles, and asset managers. With its extensive product lines, competitive underwriting, excellent ratings, and quality customer service, Manulife USA is dedicated to providing quality products designed to help create and preserve wealth for its clients.
Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were US$96.4 billion (Cdn$141.6 billion) as at March 31, 2003.
Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.-30-
Ask your financial consultant for more information, including a current prospectus containing more details on all charges, expenses, risk factors and limitations. Please read it carefully before investing.
Venture Annuities and the optional riders are not available in all states; product features may vary, subject to state regulation. Annuities are long-term contracts designed for retirement purposes. Withdrawals may be subject to withdrawal charges and will reduce the death benefit and optional benefits. In addition, withdrawals of taxable amounts will be subject to ordinary income tax and, if made prior to age 59½, a 10% IRS penalty tax may apply.
Annuities are not deposits or obligations of, or guaranteed by, any bank or financial institution. Annuities are not insured by the FDIC or any other agency and are subject to investment risks, including the possible loss of principal.
Media Contact:
Wendy W. Smith
U.S. Communications
617-854-4348
wendy_smith@manulife.com
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